Philippines
Management of Contingent Liabilities Arising from Public-Private Partnership Projects
-
- 6,49 €
-
- 6,49 €
Publisher Description
Given the rapid growth of the public-private partnership program (PPP), the Philippine government has initiated reforms to strengthen the framework for managing contingent liabilities arising from PPP projects. This study shows that major directions requiring further effort include (i) better pricing of government guarantees, (ii) adoption of methodology for quantification of contingent liabilities, (iii) setting prudential limits on PPP contingent liabilities, (iv) development of procedures for payment of materialized contingent liabilities from the national budget's unprogrammed fund, and (v) in the medium term, setting up a contingent liabilities fund financed through budget appropriations and contributions of project sponsors.
More Books by Asian Development Bank
Handbook on Anti-Money Laundering and Combating the Financing of Terrorism for Nonbank Financial Institutions
2017
Leveraging Technology for Property Tax Management in Asia and the Pacific–Guidance Note
2024
The Role of Intermediaries in Inclusive Water and Sanitation Services for Informal Settlements in Asia and the Pacific
2023
Partnering for COVID-19 Response and Recovery
2023
Asian Economic Integration Report 2024
2024
Sustainable Finance for Asia and the Pacific
2023